Buy term first

Hi Mr Tan,

I am enquiring about term or life insurance. I saw your article on "Take a term insurance and invest the rest". How should I be going about it then?

I am a non-risk taker, and want to policy which provide comprehensive cover. What is your recommendation?

REPLY:

I suggest that you buy term insurance first. You can save your money in the bank and invest it at a later date. I shall be recommending some low cost investment funds in a few month's time.

You can get the indicative cost for the term insurance from this FAQ:
http://www.tankinlian.com/faq/choice.html